Equation Summit's Disa rolls out PoSA system in US Walmart stores
EQUATION Summit Limited subsidiary Disa Digital Safety announced on Monday that it has rolled out its Point-of-Sale Activation (PoSA) system at all Walmart stores in the US.
PoSA enables a digital device to be locked from manufacture to purchase. This renders a product unusable until the buyer inputs a PIN printed on his receipt.
Disa Digital Safety's PoSA system is fully integrated into Walmart's backroom, checkout and online sale systems. Walmart is the world's largest retailer with close to US$500 billion in annual sales.
Disa Digital Safety is a Singapore-based technology solutions provider that specialises in research and development of security and digital authentication solutions.
At 12.11pm, Equation Summit's share had risen by 14.3 per cent to 3.2 Singapore cents.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Emerging-market optimism dashed by Fed as currencies, bonds sink
LHN warns H1 2024 net profit could decline by 28.6%
iPhone maker Hon Hai’s April sales rise 19% in positive signal
Worsening weather is igniting a US$25 billion market
TikTok tells advertisers: ‘We are not backing down’
EV automakers get reprieve in US tax credit rules